Sugar exports suffer 54% decline in Uganda

Sugar export earnings have suffered a 54 percent decline as neighbouring countries lock the commodity out of their markets.
President Nana Addo Dankwa Akufo-Addo
West African Auto Hub: Ghana accepted what Nigeria rejected
West Africa, with about 380 million people, is the final frontier for global automakers looking to increase manufacturing capacity in a region where they currently have little presence.
Afreximbank President, Prof. Benedict Oramah
EIB, Afreximbank direct €300m of support to African coronavirus response
The European Investment Bank (EIB), the lending arm of the European Union, and the African Export-Import Bank (Afreximbank), Africa’s foremost multilateral trade finance institution, are directing €300m of financing to support the resilience and recovery of African nations in response to the COVID-19 pandemic.
Logo of the US Trade and Development Agency
USTDA supports enhanced energy access in Nigeria
The U.S. Trade and Development Agency (USTDA) has awarded a grant to Abuja-based Konexa for a feasibility study that will evaluate Nigeria’s access to reliable, privately generated renewable electricity. The study will help Konexa enhance electricity distribution for residential, commercial and industrial customers in Kaduna state using U.S. technological solutions.
Shoprite
Shoprite exits Nigeria after 15 years
Africa's biggest grocery retailer, Shoprite, is exiting the continent's most populated country, Nigeria, after 15 years.
South Africa to restructure economic growth amidst coronavirus
Coronavirus raises urgency for structural reforms in South Africa
South Africa responded swiftly to the COVID-19 pandemic, but the sharp drop in activity adds to long-standing challenges and raises the urgency for structural reforms, according to a new OECD report.
The company has been producing cars for many years but patronage remains low.
Kantanka begins production of smaller cars in Ghana
Kantanka Automobile Limited has started producing smaller cars in response to public calls, a Tweet by CEO, Kwadwo Safo Jnr, has suggested.